Which of the Following Is Likely to Occur in a Period

question 113

Multiple Choice

Which of the following is likely to occur in a period of high inflation?  

• A) People will want to hold as much money as possible. 
• B) The purchasing power of money will increase. 
• C) No one will want to work and earn income. 
• D) Nominal interest rates will be high.

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Definitions:

Decimals

Numerical digits that represent fractions of ten, used to express numbers less than one or to provide precision in numerical representations.

Mixed/Whole Numbers

Numbers consisting of an integer and a fractional part, typically represented as a whole number and a proper fraction.

Percents

A mathematical representation of a fraction of 100, used to describe proportions or rates.

Decimals

Numbers expressed using a decimal system, involving a point to separate the whole number from the fractional part.